EQNR has kicked off drilling on the $9B Raia project in Brazil, targeting first production and start of operations in 2028. The project is expected to deliver substantial gas output to meet rising demand, which could materially boost EQNR's upstream volumes and revenue profile if executed on schedule, though timing and execution risks remain.
EQNR has kicked off drilling on the $9B Raia project in Brazil, targeting first production and start of operations in 2028. The project is expected to deliver substantial gas output to meet rising demand, which could materially boost EQNR's upstream volumes and revenue profile if executed on schedule, though timing and execution risks remain.
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moderately positive
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0.45
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